50, GRINSTEAD LANE, LANCING, BN15 9DZ - £126,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

50 GRINSTEAD LANE is a large extended detached house of 118m², built sometime between 1930 and 1949. It was last sold for £126,500 in October 1998, which was around 7% above the average October 1998 detached price in the Adur local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

50 GRINSTEAD LANE Sold Prices

Land registry data shows two sales for 50 GRINSTEAD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Adur local authority area for the corresponding sale date. One of the two 50 GRINSTEAD LANE sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1998 29 OCT	£126,500	£118,631	7% above HPI
1995 24 FEB	£77,000	£86,608	11% below HPI

50 GRINSTEAD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Adur local authority area over time, sourced from the HPI. The two 50 GRINSTEAD LANE sales from February 1995 and October 1998 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 1995 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 1998 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 50 GRINSTEAD LANE?

50 GRINSTEAD LANE is 118m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 40% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 50 GRINSTEAD LANE lies on this distribution: 64% of detached houses are smaller than 50 GRINSTEAD LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in Lancing.

50 GRINSTEAD LANE: Plot and Title Map

50 GRINSTEAD LANE sits on a plot of roughly 0.191 of an acre, or 772m². The below map shows the location of 50 GRINSTEAD LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 50 GRINSTEAD LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 50 GRINSTEAD LANE?

50 GRINSTEAD LANE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 50 on GRINSTEAD LANE.